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Textron launches two Cessna jets on corporate demand rebound By Reuters

by Mike Robinson

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© Reuters. A handout picture reveals the brand new Textron Cessna M2 and XLS+ Gen 2 jets in Wichita, Kansas, U.S., August 25, 2021. Image taken August 25, 2021. Chad Slattery/Handout by way of REUTERS/Information

(Reuters) – Textron Inc (NYSE:) on Monday launched two Cessna enterprise jets because it appears to be like to faucet the company journey demand that has rebounded strongly from pandemic lows.

The jet maker mentioned it might take orders for each the fashions, with deliveries for the Quotation M2 Gen2 anticipated to start by the tip of first quarter 2022, and for the Quotation XLS Gen2 by the second quarter.

The corporate lifted its full-year adjusted revenue forecast for the second time this yr in July, as enterprise jet visitors noticed a sharper post-COVID rebound than industrial flights.

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